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Search ResultsShowing 21 - 30 of 100+ results for "Securities"
GE, Cheesecake Factory pursued for disclosure violations
ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
The US Securities and Exchange Commission (SEC) has kicked off the festive season by cracking down on misleading disclosures about cashflow and profitability. On December 4, the SEC announced it would be charging the Cheesecake Factory for misleading ...
Hedge fund switched traders with algorithm
KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... US$170 million for replacing its traders with an algorithm that drastically underperformed. An investigation by the US Securities Exchange Commission found UK-based BlueCrest Capital Management omitted critical information from investors where it shifted ...
Citi appoints head of fund services for Australian product
KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... third-largest local custodian has appointed a former RBC executive as its Australia product head of fund services within the securities services team. Justin Burman is moving into the role as Citi Australia continues to transition custody clients from ...
Tourmaline hires two leads, expands footprint
KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... named Yuki Shimada as director of Asia Pacific trading. He was most recently a senior equities trader at CBRE Clarion Securities, a global investment manager specialising in listed real assets, where he spent the past decade overseeing all Asian trading. ...
ASIC takes iSignthis to court
ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... iSignthis is currently suing the ASX for keeping the company "unlawfully" suspended. It has been suspended from the securities exchange for the past six months. Following this, iSignthis made a 12.96% "strategic investment" in the National Stock Exchange ...
Super SA to close growth option
ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... monetary policy by the Reserve Bank of Australia (RBA) and global central banks, yields for short-term fixed interest securities (defensive assets) have fallen towards zero per cent," the fund said. "This record low interest rate environment is likely ...
Link takeover heats up
KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... forwards and spot trades. Fortlake's strategies target fixed income instruments, including domestic bonds, OTC securities and asset-backed securities. Fortlake founder and chief investment officer Christian Baylis said: "We chose Eze Investment Suite ...
Westpac sells Pacific to PNG bank
ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
... Westpac has announced the sale of Westpac Fiji and the majority stake of its operations in Papua New Guinea to Kina Securities. Kina Securities will pay $420 million for Westpac Fiji and 89.91% of Westpac PNG Limited which combined have net assets of ...
Best managed funds, ETFs named
STAFF WRITER  |  FRIDAY, 4 DEC 2020
... 14.04% p.a.). Aussie equities winners In unlisted managed funds, the best listed property fund was Pendal Property Securities Fund (-16.56% for the year and 6.39% p.a. over five years), followed by UBS Property Securities and Ironbark Paladin Property ...
Director charged with dishonest conduct
ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... Magistrates Court has charged a man with seven counts of dishonest conduct following a referral from the Australian Securities and Investments Commission (ASIC). In addition to the seven counts, Mudasir Mohammed Naseeruddin as also charged with two counts ...
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